Investing in high-yield dividend stocks like Verizon (VZ), Bristol Myers Squibb (BMY), and Pembina Pipeline (PBA) could provide about $2,100/year in income if you put $12,000 in each. Verizon offers a 6.3% yield with a manageable 60% payout ratio and steady earnings. Bristol Myers yields 5.4%. Its payout ratio is high due to non-recurring expenses, but free cash flow covers dividends. Pembina Pipeline delivers a 5.8% yield, with long-term contracts supporting reliable payouts. While none are risk-free, each shows strong fundamentals supporting their dividends.